This stock will go up in 5 to 14 days! Prices keep rising, experts say – bet, it will pay off

To buy Adani Group stocks: If you are thinking of betting on any of the Adani Group shares, there is good news for you. Two shares of Adani may rise in the coming week. Brokerage firm Axis Securities is bullish on two Adani Group stocks in the power-to-energy sector and is advising them to buy. These two stocks are Adani Power and Adani Energy Solutions Ltd. According to the brokerage, the stock may rise by more than 12% in the next 5 to 14 days.

1. Adani Power: The brokerage added Adani Power at Rs. 720 to Rs. The entry price into the 727 range is indicated. Rs. 710 with a stop loss of Rs. There are 794. Let us tell you that last Friday this share increased by 9% and closed at Rs 760. The stock is up 45% so far this year. This stock has gained 200% in one year. Its market cap is Rs. 2,91,835.28 crores.

Let us tell you that Adani Power reported a 47.8 percent decline in net profit at Rs 2,737 crore in the March 2024 (Q4FY24) quarter. According to a stock exchange filing, the power company in the year-ago period (Q4FY23) posted Rs. 5,242 crore in net profit.

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2. Adani Energy Solutions: The entry price here is Rs 1,128 to Rs 1,139. Rs. 1,099 with a stop loss of Rs. 1,259 has been fixed. Let us tell you that currently the company’s share price is 1,120 rupees. The stock has gained 6% so far this year and has gained 25.12% in a year. Its market cap is Rs. 1,25,247.52 crores.

Let us tell you that the net profit of Adani Energy Solutions Ltd has declined by -7.19% to ₹ 361.44 crore in the fourth quarter of 2023-2024 as compared to the same period last year. On a quarterly growth basis, Adani Energy Solutions Limited has reported 11.25% growth in its net profit over the past 3 months.

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